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Item 12 - Agreements for On-Call Real Estate Title and Escrow Services
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Item 12 - Agreements for On-Call Real Estate Title and Escrow Services
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3/16/2026 8:12:17 AM
Creation date
3/11/2026 10:03:17 AM
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City Clerk
Doc Type
Agenda Packet
Agency
Public Works
Item #
12
Date
3/17/2026
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EXHIBIT B <br />Commonwealth <br />LAND TITLE COMPANY <br />Firm Qualifications <br />Our comprehensive line of diverse and technically progressive escrow and title products are designed to <br />contribute to the success of industry professionals. Whether the project encompasses partial or full takes of a <br />few properties or a few hundred properties, we can provide excellent service and accomplish the project within <br />the strict timelines. <br />Commonwealth Land Title Company was founded in 1876 and our Major Accounts division started a title unit <br />in 2001 that solely focuses on the local, city, state government agencies, right-of-way, utilities, and wireless <br />telecommunications. After more than 20 years in this specialized sector, our team is grounded in all facets of <br />these real-estate transactions (EDA, Public Works, Right of Way, Energy, and Transportation). <br />Commonwealth Title's experience and success with government entities is well known in the industry. We <br />are currently working with various City and County agencies throughout Southern California on projects <br />ranging from street widening and easement relocations to infill, grade separations, large freeway expansions <br />and powerline transmission projects. (SCE Multi -Year On -Call Contracts, SDGE Sunrise Powerlink and PSEP <br />Project, ROTC 91 FWY CIP, SANDAG, SBCTA, OCTA, RCTC) <br />Commonwealth Title's commitment to quality service and our focus on customer satisfaction has allowed us <br />to exceed our competition in providing a broad spectrum of title and escrow solutions. With 83 title <br />professionals in just our local Los Angeles and Orange County offices and over 20,000 employees across the <br />country, rest assured that we have the means to facilitate your business. With a Fortune 500 ranking of 313, <br />our financial stability is ranked as the top title company within the industry. We are dedicated to continuing <br />the Commonwealth tradition of innovation, strength, and integrity. <br />A.M. Best Co. <br />Financial Strength Rating — A Excellent <br />Financial Strem-,t /Claims Payine Ability: <br />Standard & Poor's - A <br />Moody's Inverstors Services - A2 <br />Underwriter Ratin s: <br />Kroll Bond Rating Agency (Claims Paying Ability Rating) - A- <br />Demotech, Inc. (Financial Stability Rating) - A <br />4400 MacArthur Bird.. Suite 800 Newport Beach, CA 92660 <br />
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